Professional
Added to YB: 2024-06-10
Pitch date: 2024-06-07
BRZE [bullish]
Braze, Inc.
-53.42%
current return
Author Info
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Company Info
Braze, Inc. operates a customer engagement platform that provides interactions between consumers and brands worldwide.
Market Cap
$2.0B
Pitch Price
$36.58
Price Target
70.00 (+311%)
Dividend
N/A
EV/EBITDA
-18.60
P/E
-15.99
EV/Sales
2.43
Sector
Software
Category
growth
Show full summary:
Braze, Inc.: Accelerating Growth and Improved Margins (Needham)
BRZE: Strong Q1 with accelerating subscription rev growth & healthy 29% cRPO growth. Added 10 $500k+ ARR customers, beating recent trends. Cautious H2 guide sets up beat potential. Profitability improving despite investments; non-GAAP profit expected Q4. $70 PT reiterated.
Read full article (1 min)